XRP Futures on CME Explode: Record $235M Volume Signals Institutional Craze

Wall Street's crypto flirtation just got hotter—XRP futures just punched through $235M in daily volume on the CME. Who said 'dead coin'?

FOMO or fundamentals? The derivatives market's betting big on Ripple's embattled token, despite regulators still playing whack-a-mole with the SEC lawsuit hanging overhead. Trading desks clearly aren't waiting for legal clarity.

Institutional money talks. While retail traders obsess over meme coins, pros are quietly building positions in what they see as a high-risk, high-reward play. CME's stamp of approval gives cover for big money to dive in—even if it's just hedging against their Bitcoin exposure.

Let's be real: half these trades are probably banks arbitraging the hell out of the crypto/fiat divide. But $235M doesn't lie—someone's getting paid.